HP Inc. reported its first-quarter earnings on [date]. The company’s bottom line was lower than last year, with $545 million in earnings compared to $565 million. Excluding certain items, adjusted earnings came in at $753 million. Revenue increased by 6.9% to $14.438 billion from the same period last year.
Here are the key points:
* Lower earnings: $545 million vs. $565 million last year
* Adjusted earnings: $753 million or $0.81 per share
* Revenue growth: 6.9% increase
* Guidance for next quarter and full year: $0.70 to $0.76 EPS, and $2.90 to $3.20, respectively.
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Source: https://www.nasdaq.com/articles/hp-inc-reports-drop-q1-bottom-line